––––History & Credit This indicator has been done from deep analysis of the common market conditions prior to having a massive winner. We have analysed over 400 stocks, thought by Mark Minervini in his Master Trader Program and found that in 95% of the cases the EDGE arrow occurs during the buy points!!
–––––What it does The indicator mixes unique analysis of the RSIs, Moving averages and Bollinger Bands to print out a high probability reversal arrows. It works both on the upside and the downside.
–––––How to use it Use the indicator as an confirmation signal for the direction of trading. When the arrow EdgeUp points there is high probabiliy of move to the long side and when the arrow EdgeDown prints there is a high probability for reversal trend/
EXAMPLES
Versionshinweise
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Adding a few positioning fixes Adding a few color customisation fixes